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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Activities:    
Net income (loss) $ 22,866 $ (494)
Adjustment to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 10,000 53,479
Depreciation and amortization 6,832 7,476
Deferred taxes 0 (145)
Amortization of intangibles 763 854
Amortization of debt securities premium and discount, net 2,820 1,813
Share-based compensation expense 562 617
Security gains, net (74) (17)
Net deferred loan origination expense (2,006) (2,127)
Excess tax benefit from exercise of stock options 0 (4)
Decrease (increase) in interest receivable 1,258 (80)
Decrease in interest payable (992) (1,098)
Realized gain on mortgages sold (11,879) (7,486)
Proceeds from mortgages sold 376,931 244,030
Origination of mortgages held for sale (395,149) (202,796)
Increase in bank-owned life insurance (2,612) (924)
Decrease (increase) in prepaid pension asset 465 (93)
Decrease in prepaid deposit insurance assessments 5,187 4,887
Other, net 29,584 (18,026)
Net cash provided by operating activities 44,556 79,866
Investing activities:    
Proceeds from calls and maturities of held-to-maturity securities 0 88,896
Proceeds from calls and maturities of available-for-sale securities 131,578 22,576
Purchases of held-to-maturity securities 0 (143,549)
Purchases of available-for-sale securities (199,404) (77,349)
Net decrease in loans and leases 117,050 66,339
Purchases of premises and equipment (5,925) (4,453)
Proceeds from sale of premises and equipment 906 17
Contingency earn-out payment 0 (1,200)
Other, net (8) (16)
Net cash provided by (used in) investing activities 44,197 (48,739)
Financing activities:    
Net increase (decrease) in deposits 127,133 (25,907)
Net increase (decrease) in short-term debt and other liabilities 27,153 (18,826)
Issuance of common stock 108,677 0
Excess tax benefit from exercise of stock options 0 4
Payment of cash dividends (944) (9,183)
Net cash provided by (used in) financing activities 262,019 (53,912)
Increase (decrease) in cash and cash equivalents 350,772 (22,785)
Cash and cash equivalents at beginning of period 499,344 272,086
Cash and cash equivalents at end of period $ 850,116 $ 249,301